Ganesh Moorthy has retired as the CEO and President of Microchip Technology Incorporated as of November 18, 2024. Steve Sanghi, the former CEO and President, has been appointed as the interim CEO and President  **[0000827054-24-000221_mchp-20241118.htm:1]** .

Daniel J. Houston, the current CEO of Principal Financial Group, will retire from his position effective January 7, 2025. He will continue to serve as Executive Chairman after stepping down as CEO. Deanna Strable has been appointed as the new CEO, effective the same date  **[0001104659-24-119004_tm2428254d1_8k.htm:1]** **[0001104659-24-119004_tm2428254d1_ex99-1.htm:0]** .

Sherwin-Williams CEO Heidi Petz will also assume the role of Chair of the Board effective January 1, 2025. This change follows the retirement of John G. Morikis from his position as Executive Chairman on December 31, 2024. Petz has been serving as President and CEO since January 1, 2024  **[0001193125-24-258598_d872214dex991.htm:1]** **[0001193125-24-258598_d872214d8k.htm:1]** .

Heidi G. Petz, who has been serving as the President and CEO of Sherwin-Williams since January 1, 2024, will also assume the role of Chair of the Board effective January 1, 2025. This change follows the retirement of John G. Morikis from his position as Executive Chairman, effective December 31, 2024. However, Heidi Petz will continue in her role as CEO, so there is no change in the CEO position at this time  **[0001193125-24-258598_d872214dex991.htm:1]** **[0001193125-24-258598_d872214d8k.htm:1]** .

Scott Boatwright has been appointed as the new CEO of Chipotle Mexican Grill, effective immediately as of November 11, 2024. He previously served as the Interim CEO since August 2024 and has been with Chipotle since 2017, holding roles such as Chief Operating Officer and Chief Restaurant Officer  **[0001058090-24-000053_cmg-20241111xex991.htm:0]** **[0001058090-24-000053_cmg-20241111.htm:1]** .

Frederic B. Lissalde, the President and CEO of BorgWarner Inc., will retire effective at the close of business on February 6, 2025. Joseph F. Fadool, currently the Executive Vice President and Chief Operating Officer, has been appointed to succeed him as President and CEO  **[0000908255-24-000046_bwa-20241106.htm:1]** .

Rick McVey, the Founder and Executive Chairman of MarketAxess, announced his retirement effective December 31, 2024. Carlos Hernandez will succeed him as Chairman of the Board of Directors starting January 1, 2025. McVey will continue as Chairman of the Board of Directors of MarketAxess Limited, the company's international holding company  **[0001193125-24-251660_d888241d8k.htm:3]** **[0001193125-24-251660_d888241dex992.htm:0]** **[0001193125-24-251660_d888241d8k.htm:2]** .

Fabrizio Freda, the current President and CEO of The Estée Lauder Companies Inc., will be stepping down from his role and resigning from the company's board at the end of December 31, 2024. Stéphane de La Faverie has been appointed to succeed him as President and CEO, effective January 1, 2025  **[0001104659-24-113517_tm2427260d1_8k.htm:1]** .

Micron Technology, Inc. announced on October 30, 2024, that Sanjay Mehrotra, the current CEO, has been elected as the new Chair of the Board of Directors, effective upon the retirement of the current Chair, Robert Switz, at the annual shareholders meeting on January 16, 2025  **[0001104659-24-112626_tm2425615d2_8k.htm:1]** **[0001104659-24-112626_tm2425615d2_ex99-1.htm:1]** .

Barbara Rentler, the current CEO of Ross Stores, Inc., will step down from her role effective February 1, 2025. James G. Conroy has been appointed as the next CEO, effective February 2, 2025. Conroy will join the company as CEO-Elect on December 2, 2024, and will report to the Executive Chairman until he assumes the CEO position  **[0000745732-24-000052_rost-20241028.htm:1]** **[0000745732-24-000052_conroy-991.htm:0]** .

Morgan Stanley announced that James Gorman will step down as Chairman and leave the Board at the end of 2024. He will also retire from employment at Morgan Stanley and be named Chairman Emeritus at that time  **[0000950103-24-015350_dp219753_ex9901.htm:0]** .

Gary C. Kelly, the Executive Chairman of the Board at Southwest Airlines (LUV), has announced his retirement from the Board and his position as Executive Chairman, effective 11:59 p.m. Central Time on November 1, 2024. Following his departure, he will assume the title of Chairman Emeritus  **[0001193125-24-242286_d899498d8k.htm:3]** **[0001193125-24-242286_d899498dex991.htm:0]** .

Gary W. Rollins, the current Executive Chairman of the Board, will transition to Executive Chairman Emeritus effective January 1, 2025. He will be succeeded by John F. Wilson, the current Vice Chairman, as Executive Chairman of the Board  **[0000084839-24-000102_rol-20241023xex991.htm:1]** **[0000084839-24-000102_rol-20241023.htm:2]** .

On October 17, 2024, Karen S. Lynch stepped down as President and CEO of CVS Health Corporation and resigned from the Board. J. David Joyner was appointed as the new President and CEO, effective the same day  **[0001193125-24-239193_d837701d8k.htm:2]** **[0001193125-24-239193_d837701d8k.htm:4]** **[0001193125-24-239193_d837701dex991.htm:0]** .

Sergey Yeskov, the President and Chief Executive Officer of Molson Coors Beverage Company's EMEA&APAC business, has resigned from the company for personal reasons. His resignation was effective as of October 17, 2024. Mr. Yeskov will be on 'garden leave' until December 31, 2024, after which his employment will officially terminate. He will receive a severance payment and other benefits as part of a mutual termination agreement  **[0001104659-24-109737_tm2426417d1_8k.htm:1]** .

Martina L. Cheung is set to become the President and CEO of S&P Global on November 1, 2024  **[0000064040-24-000171_projectdiamondpressrelease.htm:0]** .